XML 23 R52.htm IDEA: XBRL DOCUMENT
v2.4.1.9

Subsequent Events - Additional Information (Detail) (USD $) | 3 Months Ended | 0 Months Ended |
--- | --- | --- | ---
Mar. 31, 2015 | Mar. 31, 2014 | Apr. 09, 2015 | May 08, 2015 | May 15, 2015 | Apr. 08, 2015 | Apr. 13, 2015 Renewal_Options | Dec. 31, 2014
Subsequent Event [Line Items] |  |  |  |  |  |  |  |
Rental income | $ 2,622,327 us-gaap_OperatingLeasesIncomeStatementLeaseRevenue | $ 1,495,636 us-gaap_OperatingLeasesIncomeStatementLeaseRevenue |  |  |  |  |  |
Common stock, shares issued | 7,753,717 us-gaap_CommonStockSharesIssued |  |  |  |  |  |  | 7,753,717 us-gaap_CommonStockSharesIssued
Colding Loop Note [Member] | LIBOR [Member] | May 1, 2020 to February 1, 2030 [Member] |  |  |  |  |  |  |  |
Subsequent Event [Line Items] |  |  |  |  |  |  |  |
Credit notes payable interest rate there after, Description | One-month LIBOR plus a spread of 3.00% |  |  |  |  |  |  |
Percentage added to LIBOR | 3.00%us-gaap_DebtInstrumentBasisSpreadOnVariableRate1 / us-gaap_LineOfCreditFacilityAxis = land_ColdingLoopNoteMember / us-gaap_StatementScenarioAxis = land_MayFirstTwoThousandTwentyMemberToFebruaryFirstTwoThousandThirtyMember / us-gaap_VariableRateAxis = us-gaap_LondonInterbankOfferedRateLIBORMember |  |  |  |  |  |  |
Subsequent Event [Member] | Keysville Note [Member] |  |  |  |  |  |  |  |
Subsequent Event [Line Items] |  |  |  |  |  |  |  |
Aggregate notes payable |  |  | 900,000 us-gaap_NotesPayable / us-gaap_LineOfCreditFacilityAxis = land_KeysvilleNoteMember / us-gaap_SubsequentEventTypeAxis = us-gaap_SubsequentEventMember |  |  |  |  |
Maturity Date |  |  | May 01, 2020 |  |  |  |  |
Fixed interest rate |  |  | 3.20%us-gaap_DebtInstrumentInterestRateStatedPercentage / us-gaap_LineOfCreditFacilityAxis = land_KeysvilleNoteMember / us-gaap_SubsequentEventTypeAxis = us-gaap_SubsequentEventMember |  |  |  |  |
Subsequent Event [Member] | Colding Loop Note [Member] | Through May 1, 2020 [Member] |  |  |  |  |  |  |  |
Subsequent Event [Line Items] |  |  |  |  |  |  |  |
Aggregate notes payable |  |  |  | 2,600,000 us-gaap_NotesPayable / us-gaap_LineOfCreditFacilityAxis = land_ColdingLoopNoteMember / us-gaap_StatementScenarioAxis = land_ThroughMayFirstTwoThousandTwentyMember / us-gaap_SubsequentEventTypeAxis = us-gaap_SubsequentEventMember |  |  |  |
Maturity Date |  |  |  | May 01, 2030 |  |  |  |
Fixed interest rate |  |  |  | 2.90%us-gaap_DebtInstrumentInterestRateStatedPercentage / us-gaap_LineOfCreditFacilityAxis = land_ColdingLoopNoteMember / us-gaap_StatementScenarioAxis = land_ThroughMayFirstTwoThousandTwentyMember / us-gaap_SubsequentEventTypeAxis = us-gaap_SubsequentEventMember |  |  |  |
Subsequent Event [Member] | Follow-on Offering [Member] |  |  |  |  |  |  |  |
Subsequent Event [Line Items] |  |  |  |  |  |  |  |
Common stock, shares issued |  |  |  |  | 1,250,000 us-gaap_CommonStockSharesIssued / us-gaap_SubsequentEventTypeAxis = us-gaap_SubsequentEventMember / us-gaap_SubsidiarySaleOfStockAxis = land_TwoThousandFourteenFollowOnOfferingCostMember |  |  |
Price per share |  |  |  |  | $ 11.40 us-gaap_SharePrice / us-gaap_SubsequentEventTypeAxis = us-gaap_SubsequentEventMember / us-gaap_SubsidiarySaleOfStockAxis = land_TwoThousandFourteenFollowOnOfferingCostMember |  |  |
Gross proceeds from issuance of common stock |  |  |  |  | 14,300,000 us-gaap_ProceedsFromIssuanceOfCommonStock / us-gaap_SubsequentEventTypeAxis = us-gaap_SubsequentEventMember / us-gaap_SubsidiarySaleOfStockAxis = land_TwoThousandFourteenFollowOnOfferingCostMember |  |  |
Net proceeds after deducting offering expenses |  |  |  |  | 13,300,000 land_NetProceedsAfterDeductingOfferingExpenses / us-gaap_SubsequentEventTypeAxis = us-gaap_SubsequentEventMember / us-gaap_SubsidiarySaleOfStockAxis = land_TwoThousandFourteenFollowOnOfferingCostMember |  |  |
Proceeds from common stock use to repay MetLife Line of Credit |  |  |  |  | 8,400,000 land_ProceedsFromCommonStockUsedForRepaymentOfDebt / us-gaap_SubsequentEventTypeAxis = us-gaap_SubsequentEventMember / us-gaap_SubsidiarySaleOfStockAxis = land_TwoThousandFourteenFollowOnOfferingCostMember |  |  |
Subsequent Event [Member] | Over-Allotment Option [Member] |  |  |  |  |  |  |  |
Subsequent Event [Line Items] |  |  |  |  |  |  |  |
Additional common stock shares issued |  |  |  |  | 187,500 us-gaap_StockIssuedDuringPeriodSharesIssuedForServices / us-gaap_SubsequentEventTypeAxis = us-gaap_SubsequentEventMember / us-gaap_SubsidiarySaleOfStockAxis = us-gaap_OverAllotmentOptionMember |  |  |
Subsequent Event [Member] | Santa Clara Avenue [Member] |  |  |  |  |  |  |  |
Subsequent Event [Line Items] |  |  |  |  |  |  |  |
Rental income |  |  |  |  |  | 1,303,000 us-gaap_OperatingLeasesIncomeStatementLeaseRevenue / us-gaap_RealEstatePropertiesAxis = land_SantaClaraAvenueMember / us-gaap_SubsequentEventTypeAxis = us-gaap_SubsequentEventMember |  |
Percentage increase in lease amount |  |  |  |  |  | 5.80%land_PercentageIncrementInLeasePayments / us-gaap_RealEstatePropertiesAxis = land_SantaClaraAvenueMember / us-gaap_SubsequentEventTypeAxis = us-gaap_SubsequentEventMember |  |
Maturity date of lease |  |  |  |  |  | Jul. 31, 2017 |  |
Lease renewal term |  |  |  |  |  | 2 years |  |
Subsequent Event [Member] | Dalton Lane [Member] |  |  |  |  |  |  |  |
Subsequent Event [Line Items] |  |  |  |  |  |  |  |
Rental income |  |  |  |  |  |  | $ 164,000 us-gaap_OperatingLeasesIncomeStatementLeaseRevenue / us-gaap_RealEstatePropertiesAxis = land_DaltonLaneMember / us-gaap_SubsequentEventTypeAxis = us-gaap_SubsequentEventMember |
Percentage increase in lease amount |  |  |  |  |  |  | 16.80%land_PercentageIncrementInLeasePayments / us-gaap_RealEstatePropertiesAxis = land_DaltonLaneMember / us-gaap_SubsequentEventTypeAxis = us-gaap_SubsequentEventMember |
Maturity date of lease |  |  |  |  |  |  | Oct. 31, 2020 |
Lease renewal term |  |  |  |  |  |  | 5 years |
Additional extension period of under the option of tenant |  |  |  |  |  |  | 5 years |
Number of options granted to extend the lease |  |  |  |  |  |  | 1 land_OperatingLeasesNumberOfOptionsToExtendLease / us-gaap_RealEstatePropertiesAxis = land_DaltonLaneMember / us-gaap_SubsequentEventTypeAxis = us-gaap_SubsequentEventMember |

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- Definition Lessee leasing arrangements operating leases additional extension term. + References No definition available. + Details
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- Definition Percentage increment in lease payments. + References No definition available. + Details
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- Definition Total number of common shares of an entity that have been sold or granted to shareholders (includes common shares that were issued, repurchased and remain in the treasury). These shares represent capital invested by the firm's shareholders and owners, and may be all or only a portion of the number of shares authorized. Shares issued include shares outstanding and shares held in the treasury. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02.29) -URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 02 -Paragraph 30 -Article 5 + Details
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- Definition Percentage points added to the reference rate to compute the variable rate on the debt instrument. + References No definition available. + Details
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- Definition The reference rate for the variable rate of the debt instrument, such as LIBOR or the US Treasury rate and the maturity of the reference rate used, such as three months or six months LIBOR. + References No definition available. + Details
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- Definition Contractual interest rate for funds borrowed, under the debt agreement. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 02 -Paragraph 22 -Article 5 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02.22(a)(1)) -URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682 + Details
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- Definition Date when the debt instrument is scheduled to be fully repaid, in CCYY-MM-DD format. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 02 -Paragraph 22 -Article 5 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02.22(a)(2)) -URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682 + Details
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- Definition Date which lease or group of leases is set to expire, in CCYY-MM-DD format. + References No definition available. + Details
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- Definition Term of the lessor's leasing arrangement renewal, in 'PnYnMnDTnHnMnS' format, for example, 'P1Y5M13D' represents the reported fact of one year, five months, and thirteen days. + References No definition available. + Details
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- Definition Including the current and noncurrent portions, aggregate carrying amount of all types of notes payable, as of the balance sheet date, with initial maturities beyond one year or beyond the normal operating cycle, if longer. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 942 -SubTopic 210 -Section S99 -Paragraph 1 -Subparagraph (SX 210.9-03.16) -URI http://asc.fasb.org/extlink&oid=6876686&loc=d3e534808-122878 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 02 -Paragraph 19, 20, 22 -Article 5 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 944 -SubTopic 210 -Section S99 -Paragraph 1 -Subparagraph (SX 210.7-03.16) -URI http://asc.fasb.org/extlink&oid=6879938&loc=d3e572229-122910 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 03 -Paragraph 13, 16 -Article 9 + Details
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- Definition The total amount of revenue recognized for the period from operating leases, including minimum lease revenue, contingent revenue, percentage revenue and sublease revenue. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 840 -SubTopic 20 -Section 25 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=7501430&loc=d3e39896-112707 + Details
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- Definition The cash inflow from the additional capital contribution to the entity. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Glossary Financing Activities -URI http://asc.fasb.org/extlink&oid=6513228 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 230 -SubTopic 10 -Section 45 -Paragraph 14 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=31042434&loc=d3e3255-108585 + Details
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- Definition Number of shares issued in lieu of cash for services contributed to the entity. Number of shares includes, but is not limited to, shares issued for services contributed by vendors and founders. + References No definition available. + Details
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